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Property profile & analytics
OFF-MARKET
Office buildings
251 Central Ave Dover, NH 03820-4188
Entity Owned
20-yr Hold
Free & Clear
Property ID
US58-0259677
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1875
Construction
FRAME
Lot
0.36 ac (15,682 SF)
Zoning code
CBD-G
APN
DOVR M:23023 B: L:
UPID
US58-0259677
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Be. Counseling, LLC Counselor
-
Stateline Insurance Insurance Agency
-
Whitesell Kim MD Physician
-
Shelby deBruyn Counseling, LLC Crisis Center Medical Clinic
-
Janet B. Bragg, LICSW Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kostis Enterprises LLC · 20 yrs held
Kostis Enterprises LLC
since 2006
2 recorded transactions
Zoning & alternative use
CBD-G · Dover, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide the appropriate locations for context-sensitive zoning. The form-based code in this district is intended to foster a vital main street both for itself and for its adjacent neighborhoods through a lively mix of uses, with shop fronts, sidewalk cafes, and other commercial uses at street level, overlooked by canopy sha…
Zone name
Central Business District General
General category
COMMERCIAL
Zone area
164.98 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dover submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,663
Tax year 2023
Assessed value
$1,051,500
Assessed 2023
Previous assessed
$795,400
+32.2% YoY
Effective rate
1.87%
On assessed value
Assessed land
$334,200
Assessed improvement
$717,300
Applied tax rate
18,820.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1875
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Units
4
Lot
0.36 ac (15,682 SF)
Zoning code
CBD-G
APN
DOVR M:23023 B: L:
UPID
US58-0259677
Jurisdiction
DOVER CITY
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
CBD-G · Dover, NHZoning CBD-G · permitted uses
CBD-G · Dover, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide the appropriate locations for context-sensitive zoning. The form-based code in this district is intended to foster a vital main street both for itself and for its adjacent neighborhoods through a lively mix of uses, with shop fronts, sidewalk cafes, and other commercial uses at street level, overlooked by canopy shade trees, upper-story residences and offices.
Zone name
Central Business District General
General category
COMMERCIAL
Zone area
164.98 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1875
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Units
4
Lot
0.36 ac
Current owner
From public records · entity-resolved
Kostis Enterprises LLC
Entity
Free & Clear · 20 yrs held
Mailing address
263 CENTRAL AVE, DOVER, NH 03820-4192
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2023
—
Kostis Enterprises LLC
—
Deed
related
$336,000 · Profile Bank
Mar 20, 2006
$250,000
Kostis Enterprises LLC
Kostis,dennis J
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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